ExxonMobil Holdings Corp (2XOM) Q2 2024 Earnings Call

Concluded Aug 2, 2024

Aug 2, 2024 0 turns

Executive readout · one minute

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Forward guidance

4 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Revenue $93.06B +12.2% YoY

Diluted EPS $2.14 +10.3% YoY

Net income $9.24B +17.3% YoY

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8-K earnings release Filed Aug 2, 2024 10-Q report Filed Aug 5, 2024

From the 8-K filed Aug 2, 2024.

Metric	Period	Guided	Basis
Capital and exploration expenditures Raised full-year 2024	full-year 2024	$28B	—
Share repurchases 2024	2024	at least $19B	—
Share repurchases through 2025	through 2025	$20B	—
Structural Cost Savings (cumulative) through the end of 2027 versus 2023	through the end of 2027 versus 2023	$5B	Non-GAAP

How the reported period landed and where the business moved.

Sales and Other Operating Revenue$89.96B +11.3% YoY

Income From Equity Affiliates$1.74B +26.2% YoY

Other Revenue$763.00M +3.5% YoY